Jerry Lin
The Latest
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U.S. Clamps Down on AI Chip Exports to China, Targets Nvidia's H800
the U.S. Department of Commerce has announced its intention to further restrict the sale of advanced artificial intelligence (AI) chips to China. This decision comes as part of a broader effort to close loopholes that emerged after last year's AI chip export restrictions were implemented. 
the U.S. Department of Commerce has announced its intention to further restrict the sale of advanced artificial intelligence (AI) chips to China. This decision comes as part of a broader effort to close loopholes that emerged after last year's AI chip export restrictions were implemented. -
Binance US Halts Direct Dollar Withdrawals Amid Regulatory Scrutiny
In a significant move that has sent ripples through the cryptocurrency community, Binance US, the American affiliate of the global cryptocurrency exchange giant, has suspended direct dollar withdrawals for its users. This decision comes on the heels of a series of regulatory challenges and scrutiny faced by the platform. 
In a significant move that has sent ripples through the cryptocurrency community, Binance US, the American affiliate of the global cryptocurrency exchange giant, has suspended direct dollar withdrawals for its users. This decision comes on the heels of a series of regulatory challenges and scrutiny faced by the platform. -
Bitcoin's Brief Surge to $30K: Unraveling the False Spot ETF Approval Report
In a whirlwind of events, the cryptocurrency market experienced a sudden surge in Bitcoin's price, momentarily hitting the $30,000 mark. This unexpected spike was triggered by a false report suggesting the approval of a spot ETF, which was later debunked. 
In a whirlwind of events, the cryptocurrency market experienced a sudden surge in Bitcoin's price, momentarily hitting the $30,000 mark. This unexpected spike was triggered by a false report suggesting the approval of a spot ETF, which was later debunked. -
Oil Markets on Edge: Will Iran Intervene if Israel Attacks Gaza?
Over the weekend, as Israeli ground forces amassed in preparation for a potential assault on Gaza, the risk of an escalated crisis in the Middle East grew. Oil markets are closely monitoring the evolving situation between Israel and Palestine, particularly regarding whether Shiite-majority Iran, which backs groups like Hamas and Hezbollah, will enter the fray. 
Over the weekend, as Israeli ground forces amassed in preparation for a potential assault on Gaza, the risk of an escalated crisis in the Middle East grew. Oil markets are closely monitoring the evolving situation between Israel and Palestine, particularly regarding whether Shiite-majority Iran, which backs groups like Hamas and Hezbollah, will enter the fray. -
China's Central Bank Maintains MLF Rate at 2.5% Amid Liquidity Boost
In a move that underscores China's cautious approach to its monetary policy, the People's Bank of China (PBoC) has opted to keep its one-year medium-term lending facility (MLF) loans rate steady at 2.5%. This decision comes even as the central bank has ramped up liquidity support to the banking system. 
In a move that underscores China's cautious approach to its monetary policy, the People's Bank of China (PBoC) has opted to keep its one-year medium-term lending facility (MLF) loans rate steady at 2.5%. This decision comes even as the central bank has ramped up liquidity support to the banking system. -
Impact of Mobilizing 300,000 Reservists on Israel's Economy
The Israel-Palestine conflict has intensified significantly over the past week. In retaliation against Hamas attacks, Israel announced its commitment to a "difficult and prolonged war," mobilizing 300,000 reservists from various sectors to the battlefield. 
The Israel-Palestine conflict has intensified significantly over the past week. In retaliation against Hamas attacks, Israel announced its commitment to a "difficult and prolonged war," mobilizing 300,000 reservists from various sectors to the battlefield. -
Global Economic Implications of the Escalating Israel-Palestine Conflict
Should the Israel-Palestine conflict escalate, it could lead to soaring international oil prices and a subsequent global economic downturn. Should the Israel-Palestine conflict escalate, it could lead to soaring international oil prices and a subsequent global economic downturn. -
IEA Slashes Oil Demand Forecast for Next Year, Citing Disrupted Demand
The International Energy Agency (IEA) stated in its monthly report that previous oil price hikes had already disrupted demand. The subsequent drop in oil prices confirms this, leading the agency to further reduce its global crude oil demand growth forecast for the upcoming year. 
The International Energy Agency (IEA) stated in its monthly report that previous oil price hikes had already disrupted demand. The subsequent drop in oil prices confirms this, leading the agency to further reduce its global crude oil demand growth forecast for the upcoming year. -
EU Faces Debt Explosion: Challenges Mount After U.S. Debt Crisis
The Eurozone, which was deeply mired in the European debt crisis for years, is once again in the spotlight due to rising debt concerns. EU officials estimate that by the end of 2026, the EU's debt will reach 900 billion euros. 
The Eurozone, which was deeply mired in the European debt crisis for years, is once again in the spotlight due to rising debt concerns. EU officials estimate that by the end of 2026, the EU's debt will reach 900 billion euros. -
Israeli Authorities Collaborate with Binance to Freeze Hamas-Linked Cryptocurrency Accounts
In a significant move against the financing of terrorism, Israeli authorities, in collaboration with the global cryptocurrency exchange Binance, have frozen multiple cryptocurrency accounts linked to the Palestinian militant group, Hamas. This action underscores the increasing scrutiny on the use of digital currencies by extremist groups to bypass traditional financial systems and sanctions. 
In a significant move against the financing of terrorism, Israeli authorities, in collaboration with the global cryptocurrency exchange Binance, have frozen multiple cryptocurrency accounts linked to the Palestinian militant group, Hamas. This action underscores the increasing scrutiny on the use of digital currencies by extremist groups to bypass traditional financial systems and sanctions.
